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Committee recommends positive action on Yerba Buena and Central Market CBD annual reports

Government Audit and Oversight Committee · January 22, 2015
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

OEWD and CBD representatives presented annual report reviews for the Yerba Buena and Central Market Community Benefit Districts; staff recommended follow-up on funding benchmarks and carryover spending and the committee forwarded both items with positive recommendations to the full Board.

The committee received and reviewed annual reports for two Community Benefit Districts.

For the Yerba Buena Community Benefit District OEWD senior project manager Chrissy Atano described the four benchmarks used in review (management-plan to budget alignment, 5% target for non-assessment revenue, budget-to-actual within 10%, and carryover disclosure).…

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